Market Overview:
The global black crushed teas market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for black tea from different applications such as tea restaurants, culture tea rooms, business hotels, family and others. Additionally, the growing awareness about the health benefits associated with consumption of black crushed teas is also expected to fuel the demand for this product over the forecast period. On basis of type, leaf tea segment is anticipated to account for a major share in terms of revenue in 2018 and register highest CAGR over next 10 years owing high adoption rate among consumers across globe. Broken tea segment is projected to witness significant growth during forecast period on account of its easy availability and low cost as compared to other types segments. Furthermore, ground tea segment would exhibit moderate growth due its convenience offered over other types segments coupled with rising demand from developing countries including India and China . Regionally Asia Pacific excluding Japan (APEJ) accounted for majority share in 2017 followed by Europe . However APEJ region would lose its dominance by 2030 owing declining population rates especially in China & India which are traditional markets for Black Crushed Teas products.
Product Definition:
Black crushed teas are made from leaves that have been broken into small pieces. These teas are often used for iced tea, because they release more flavor when cold.
Leaf Tea:
Leaf tea is the fresh brewed tea where the leaves are used as a flavoring agent. The process of making this beverage is called pan-frying and involves rolling or crushing the leaves to make them loose their moisture content. This helps in increasing the surface area which thereby enhances the flavor of teh leaf tea, also known as green tea because of its color.
Broken Tea:
Broken tea is a new term in the tea industry. It was created to differentiate between old, oxidized and overheated green/oolong teas that have little or no value as a product. The process of breaking down the leaves into small pieces helps increase their shelf life and makes them more convenient for processing into various kinds of black teas such as gunpowder, slighly-sweet oolong, etc.
Application Insights:
The tea restaurant segment accounted for the largest revenue share of over 60% in 2017. The culture tea room segment is expected to witness significant growth over the forecast period owing to rising number of luxury hotels and restaurants offering authentic Chinese, Japanese, and Indian food. These restaurants serve as hubs for social gatherings where people from different walks of life come together to celebrate special occasions or just have a meal. Such trends are driving up demand for black crushed teas at culture tea rooms across the world.
The business hotel segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to an increase in demand from corporate travelers who prefer having their breakfast or dinner meetings at hotels that offer on-site dining facilities with professional service quality. In addition, these hotels provide an ideal location near airports where travelers can relax after a long flight and spend some time before boarding their next flight bound for another destination city somewhere else in the world.
Regional Analysis:
Asia Pacific dominated the global black crushed tea market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing consumption of green and organic products as well as premium prices for natural ingredients based beverages. Increasing consumer spending on food and beverage products across emerging economies including China, India, Thailand, Vietnam among others has been fueling industry growth in recent years.
North America is projected to be one of the fastest growing regional markets from 2018 to 2030 due to high demand for specialty drinks with unique flavors and rich taste experience offered by black tea infusion process only available through proper brewing procedures using fresh or dried leaves depending upon type used for preparation (broken/leafy types). Moreover Black Tea Association (BTA) which represents all segments involved in North American Black Tea Industry was formed with an aim toward promoting awareness about benefits associated with this product such as lower risk of cancer comparedto other beverages such as coffee or colas.
Growth Factors:
- Increasing demand for healthy beverages: The global black crushed teas market is witnessing a significant rise in demand owing to the increasing awareness among consumers about the health benefits of consuming black crushed teas. This is mainly because black crushed teas are rich in antioxidants and polyphenols, which help in reducing the risk of various chronic diseases.
- Rising popularity of iced tea: Iced tea is becoming increasingly popular across the globe, with people preferring it as a refreshing drink during summers. Black crushed teas are ideal for making iced tea and this is expected to boost their demand in the coming years.
- Growing trend of customization: A major trend that is currently observed in the global beverage industry is customization, wherein consumers have started demanding drinks that cater to their specific needs and preferences. This has led to an increase in demand for unique variants of traditional beverages such as black crushed teas, which offer different flavor profiles and health benefits depending on their origin and processing methods used.
Scope Of The Report
Report Attributes
Report Details
Report Title
Black Crushed Teas Market Research Report
By Type
Leaf Tea, Broken Tea, Ground Tea, Piece Tea
By Application
Tea Restaurant, Culture Tea Room, Business Hotel, Family, Other
By Companies
Dilmah Tea, Basilur Tea, Tata Global Beverages, ITOEN, Twinnings, Bigelow, TWG Tea, Barry's Tea, ITO EN Inc, The Republic of Tea, TAETEA GROUP
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Black Crushed Teas Market Report Segments:
The global Black Crushed Teas market is segmented on the basis of:
Types
Leaf Tea, Broken Tea, Ground Tea, Piece Tea
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Tea Restaurant, Culture Tea Room, Business Hotel, Family, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dilmah Tea
- Basilur Tea
- Tata Global Beverages
- ITOEN
- Twinnings
- Bigelow
- TWG Tea
- Barry's Tea
- ITO EN Inc
- The Republic of Tea
- TAETEA GROUP
Highlights of The Black Crushed Teas Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Leaf Tea
- Broken Tea
- Ground Tea
- Piece Tea
- By Application:
- Tea Restaurant
- Culture Tea Room
- Business Hotel
- Family
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Black Crushed Teas Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Black crushed teas are a type of tea that is made by crushing the leaves of the tea plant. Black crushed teas have a stronger flavor than other types of tea and can be used to make iced or hot drinks.
Some of the major players in the black crushed teas market are Dilmah Tea, Basilur Tea, Tata Global Beverages, ITOEN, Twinnings, Bigelow, TWG Tea, Barry's Tea, ITO EN Inc, The Republic of Tea, TAETEA GROUP.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Black Crushed Teas Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Black Crushed Teas Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Black Crushed Teas Market - Supply Chain
4.5. Global Black Crushed Teas Market Forecast
4.5.1. Black Crushed Teas Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Black Crushed Teas Market Size (000 Units) and Y-o-Y Growth
4.5.3. Black Crushed Teas Market Absolute $ Opportunity
5. Global Black Crushed Teas Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Black Crushed Teas Market Size and Volume Forecast by Type
5.3.1. Leaf Tea
5.3.2. Broken Tea
5.3.3. Ground Tea
5.3.4. Piece Tea
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Black Crushed Teas Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Black Crushed Teas Market Size and Volume Forecast by Application
6.3.1. Tea Restaurant
6.3.2. Culture Tea Room
6.3.3. Business Hotel
6.3.4. Family
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Black Crushed Teas Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Black Crushed Teas Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Black Crushed Teas Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Black Crushed Teas Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Black Crushed Teas Demand Share Forecast, 2019-2026
9. North America Black Crushed Teas Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Black Crushed Teas Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Black Crushed Teas Market Size and Volume Forecast by Application
9.4.1. Tea Restaurant
9.4.2. Culture Tea Room
9.4.3. Business Hotel
9.4.4. Family
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Black Crushed Teas Market Size and Volume Forecast by Type
9.7.1. Leaf Tea
9.7.2. Broken Tea
9.7.3. Ground Tea
9.7.4. Piece Tea
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Black Crushed Teas Demand Share Forecast, 2019-2026
10. Latin America Black Crushed Teas Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Black Crushed Teas Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Black Crushed Teas Market Size and Volume Forecast by Application
10.4.1. Tea Restaurant
10.4.2. Culture Tea Room
10.4.3. Business Hotel
10.4.4. Family
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Black Crushed Teas Market Size and Volume Forecast by Type
10.7.1. Leaf Tea
10.7.2. Broken Tea
10.7.3. Ground Tea
10.7.4. Piece Tea
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Black Crushed Teas Demand Share Forecast, 2019-2026
11. Europe Black Crushed Teas Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Black Crushed Teas Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Black Crushed Teas Market Size and Volume Forecast by Application
11.4.1. Tea Restaurant
11.4.2. Culture Tea Room
11.4.3. Business Hotel
11.4.4. Family
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Black Crushed Teas Market Size and Volume Forecast by Type
11.7.1. Leaf Tea
11.7.2. Broken Tea
11.7.3. Ground Tea
11.7.4. Piece Tea
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Black Crushed Teas Demand Share, 2019-2026
12. Asia Pacific Black Crushed Teas Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Black Crushed Teas Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Black Crushed Teas Market Size and Volume Forecast by Application
12.4.1. Tea Restaurant
12.4.2. Culture Tea Room
12.4.3. Business Hotel
12.4.4. Family
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Black Crushed Teas Market Size and Volume Forecast by Type
12.7.1. Leaf Tea
12.7.2. Broken Tea
12.7.3. Ground Tea
12.7.4. Piece Tea
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Black Crushed Teas Demand Share, 2019-2026
13. Middle East & Africa Black Crushed Teas Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Black Crushed Teas Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Black Crushed Teas Market Size and Volume Forecast by Application
13.4.1. Tea Restaurant
13.4.2. Culture Tea Room
13.4.3. Business Hotel
13.4.4. Family
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Black Crushed Teas Market Size and Volume Forecast by Type
13.7.1. Leaf Tea
13.7.2. Broken Tea
13.7.3. Ground Tea
13.7.4. Piece Tea
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Black Crushed Teas Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Black Crushed Teas Market: Market Share Analysis
14.2. Black Crushed Teas Distributors and Customers
14.3. Black Crushed Teas Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dilmah Tea
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Basilur Tea
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tata Global Beverages
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ITOEN
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Twinnings
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bigelow
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TWG Tea
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Barry's Tea
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ITO EN Inc
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. The Republic of Tea
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. TAETEA GROUP
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook